Coca-Cola FEMSA Well-Positioned – Analyst Blog
Source: http://www.zacks.com/stock/news/17953/Coca-Cola+FEMSA+Well-Positioned++-+Analyst+BlogPosted on Thursday, March 5th, 2009 | In Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -
We are keeping our Buy recommendation on Coca-Cola FEMSA S.A. de C.V. (KOF). The company posted positive operating results for the 4th quarter of 2008, mainly considering the difficult economic situation.
Moreover, the results in the Mercosur and Latincentro division were particularly impressive. The recent acquisitions will enhance company’s top-line growth despite the difficult economic environment throughout the world.
Being a producer of an inexpensive, daily use product, focused on domestic markets, KOF is less exposed to the international credit crisis. Finally, KOF has been reducing debt, a necessary step for reducing financial costs and increase confidence.
Read the full analyst report on “KOF”
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